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On 19 February 2018, a new law no. 11/2018 was issued regulating the restructuring, preventive reconciliation and bankruptcy in Egypt (the" Bankruptcy Law"). The law entered into force as of 22 March 2018.

The law introduces for the first time an out-of-court restructuring system which helps troubled companies reorganize their business. In the meant time, courts are given the authority to enforce a restructuring plan if a consensual solution is not reached. Also a new court supervised mediation system is introduced.

A new labor union organizations law was issued last December under Law No. 213/2017 (the ‚ÄúLaw‚ÄĚ) replacing previous labor union organizations law No. 35/1976. The Law explicitly provides for the prohibition of establishing labor unions based on religious or political grounds or incorporating discriminative rules in the articles of association of such organizations.

A new law is issued in Egypt to amend the Joint Stock Companies, Partnerships Limited by Shares and Limited liability Companies, known as the Companies Act no. 159 of 1981 (the "Law"). The amendments are effective as of 17 January 2018.

Egyptian Competition Law No 3 of 2005 is likely to be amended very shortly. The contemplated amendments, now in a late stage of discussion and expected to be imminently issued as law by the ruling military council, are aimed at:

No merger control or approval regulation currently exists in Egypt.2 Therefore, the focus of this chapter will not be the peculiarities of Egypt's past experience but rather the prospective peculiarities of the Egyptian merger control framework.